Relaxed Ocean City Elegance. When you stay at Coconut Malorie Resort, nestled in the natural wetlands overlooking the beautiful Isle of Wight Bay, you'll enjoy an elegant resort experience that's never formal or stuffy. This kid-geared resort is big on family fun and activities on site, plus it positions you just minutes away from the city's famous Boardwalk, terrific outlet shopping and a wide variety of fishing, boating and golfing adventures.